AfDB, IFAD sign new pact to support 40 million African farmers, increase financing

Riding on the renewed zeal to ramp up agriculture and agro investment, African Development Bank (AfDB) and International Fund for Agricultural Development (IFAD) have signed a new memorandum of understanding (MoU) to extend funding to 40 million farmers and double their productivity. The letter of intent, which aims at increasing Pan-African agriculture funding campaign of […]

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Snail farming: Agribusiness with huge potential most farmers ignore

Snail farming is one of the sustainable, money-spinning Agribusinesses that most Nigerians ignore. Also known as heliculture, snail farming is a process of raising edible snails for human consumption or cosmetic purposes. Snail is a common delicacy and healthy meat, credited with a very healthy source of protein, phosphorus, calcium and iron, and low in […]

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Farmers kick as CBN halts Anchor Borrowers Programme’s funding

The Central Bank of Nigeria has stopped disbursing funds to farmers under the Anchor Borrowers Programme which started in 2015, but beneficiaries kicked against this on Thursday. Presidents of 68 agricultural commodities’ associations told journalists in Abuja on Thursday that the apex bank stopped supporting farmers under the ABP scheme since 2021. They called on […]

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Nigeria earns N122.8b from cocoa in three months – FG

CFAN to begin biometric data of cocoa farmers, decorate Ooni as grand patron The Federal Government has said that the country earned N122.89 billion from the export of raw cocoa beans and cocoa products in the first quarter of 2022 in the country. Minister of Agriculture and Rural Development, Muhammed Abubakar, disclosed this, yesterday, in […]

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Impact of banditry, insurgency on farmers is real

Food Insecurity Imminent Compared to other lingering challenges confronting the agriculture sector, armed banditry, farmers/herders clashes and other forms of onslaught on farmers have become a serious threat to Nigeria’s food security dream. Over the years, countless number of farmers in the agrarian communities were killed and maimed, just as others were kidnapped. While farm […]

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Experts seek urgent action to save Nigeria’s wheat value chain

Wheat farm Industry leaders have called on the Federal Government to take swift and deliberate action to cushion the effects of the disruption in the global wheat market on Nigeria’s wheat value chain. The analysts made the call in a published review on the global wheat market following the war between the two top wheat-exporting […]

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Shortage of tractors threatens food security

Tractor • Nation’s seven tractors per 10,000ha fall below 200/10,000ha global average • Food prices remain high despite claim of rice, grain sufficiency Shortage of tractors and critical implements for farm mechanisation has hit the country as land preparation for the 2022 dry and wet season cultivation begins across agro-ecological zones. Secretary, Agricultural Equipment Hiring […]

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